Question: Recently a Special Task Force has been formed to recalibrate ATMs under the chairmanship of-
(a) Urjit Patel
(b) H.R Khan
(c) S.S Mundra
(d) R. Gandhi
Ans. (c)
Related facts:
- On 14 November 2016 Union Government has formed a Special Task Force(STF) under the chairmanship of S.S. Mundra, Deputy Governor, Reserve Bank of India (RBI).
- The STF has been formed to speed up the process of recalibration of ATMs machines to dispense the new denomination notes.
- All ATMs/cash handling machines needs to be recalibrated to dispense the new design notes following introduction of Mahatma Gandhi (new) series bank notes including a new high denomination (Rs.2000) in new designs.
- Representatives from the Finance and Home ministries, RBI, State Bank of India, ICICI Bank, Axis Bank and HDFC Bank and the National Payments Corporation of India, will be its members.
Reference:
http://www.thehindu.com/business/task-force-led-by-mundra-formed-to-recalibrate-atms/article9345829.ece
http://indianexpress.com/article/business/banking-and-finance/atm-recalibrationrbi-sets-up-task-force-under-dy-governor/